By Susanna Moon
Chicago, Nov. 15 – JPMorgan Chase Financial Co. LLC priced $5.67 million of 0% trigger Performance Leveraged Upside Securities due Nov. 5, 2025 linked to the Euro Stoxx 50 index, according to a 424B2 filed with the Securities and Exchange Commission.
If the index finishes above its initial level, the payout at maturity will be par plus 1.92 times the return.
If the index falls by up to 20%, the payout will be par.
Otherwise, investors will be fully exposed to any losses.
The notes are guaranteed by JPMorgan Chase & Co.
J.P. Morgan Securities LLC is the agent.
Issuer: | JPMorgan Chase Financial Co. LLC
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Guarantor: | JPMorgan Chase & Co.
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Issue: | Trigger Performance Leveraged Upside Securities
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Underlying index: | Euro Stoxx 50
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Amount: | $5,656,770
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Maturity: | Nov. 5, 2025
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 192% of any index gain; if index falls by up to trigger level, par; otherwise, 1% loss per 1% decline
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Initial level: | 4,250.56
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Trigger level: | 3,400.448, 80% of initial level
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Pricing date: | Oct. 29
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Settlement date: | Nov. 3
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Agent: | J.P. Morgan Securities LLC
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Fees: | 3%
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Cusip: | 61773G291
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